Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    8433 Downe Drive White Settlement, TX 76108

    View on Map
    For Sale
    $140,000

    Unimproved Land - White Settlement, TX

    Type:Unimproved Land
    Lot size:
    0.33 Acres
    Added:
    Nov 19, 2025
    Days on Market:
    133
    Last Refresh:
    Apr 1 at 9:06 pm

    Property Features for 8433 Downe Drive

    General Information

    Property type
    Land
    Property subtype
    Unimproved Land
    Standard status
    Active
    APN
    01733915
    Lot size
    0.33 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Michael Greiner

    Listing agent Michael Greiner License #0588268

    Listing office My Castle Realty 10560 NW Freeway, Houston, TX

    Listing date Nov 19, 2025

    MLS# 21077441 Listing URL

    Copyright © 2026 North Texas Real Estate Information Systems, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    White Settlement Land Ready to Build

    This property consists of two platted lots, located inside White Settlement city limits and ready for construction. The first lot measures 7,063 square feet, while the second lot is 7,262 square feet, resulting in a total property size of 14,325 square feet or 0.3289 acres. City water and sewer services are available. The zoning is R-6 Single Family, with a minimum building size of 1600 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    White Settlement
    County
    Tarrant
    State
    Texas
    Longitude
    -97.4652605
    Latitude
    32.7454267

    Nearby Similar for Sale

    • $399,900

      White Settlement Commercial Property For Sale

      Commercial property in White Settlement, TX, suitable for retail or office.
      512 N Cherry Lane, White Settlement, TX 76108
      View Details
    • $589,000
      1,904 SF

      Premium Garage Suite with Office

      Exclusive garage suite suitable for storage, office, and recreational use.
      1400 N Las Vegas Trail, White Settlement, TX 76108
      View Details
    • $385,000

      Prime Commercial Land Opportunity

      0.546 acres ideal for mixed-use development in White Settlement.
      7900 Raymond Avenue, White Settlement, TX 76108
      View Details
    • $550,000

      Two-Level Autominium in White Settlement

      Luxury living with garage-style functionality near Fort Worth.
      1400 N Las Vegas Trail, White Settlement, TX 76108
      View Details
    • $515,000

      Renovated Multifamily Opportunity in White Settlement

      Fully renovated 5-unit multifamily property with single-family residence.
      9021 White Settlement Road, White Settlement, TX 76108
      View Details
    • $550,000

      Updated Quadruplex in White Settlement

      Updated quadruplex in White Settlement, Texas, with investment potential.
      8113 Foxfire Lane, White Settlement, TX 76108
      View Details
    • $439,000

      Established Car Wash Business Opportunity

      Self-serve car wash with redevelopment potential in a growing submarket.
      8336 White Settlement Road, White Settlement, TX 76108
      View Details
    • $199,000

      White Settlement Duplex Investment Opportunity

      Two-unit property near community center and city hall.
      8112 Melrose Street E, White Settlement, TX 76108
      View Details
    • $100,000

      White Settlement Land Ready to Build

      Infill lot in White Settlement ready for new construction.
      8707 Ronnie Street, White Settlement, TX 76108
      View Details
    • $399,900
      3,884 SF

      Commercial Space Ready for Occupancy

      Versatile commercial space suitable for retail, restaurant, or office.
      512 N Cherry Lane, White Settlement, TX 76108
      View Details
    • $12,905,000
      105,173 SF

      100% Leased Fort Worth Shopping Center

      105,173 SF shopping center with national brand anchor tenant.
      1701-1705 S Cherry Ln, White Settlement, TX
      View Details
    • $1,000,000
      4,460 SF

      Commercial Kitchen Ready For Sale

      4,460 SF commercial kitchen on 0.42 AC available.
      8620 Clifford St, White Settlement,, TX
      View Details

    FAQs

    What type of property is this?
    Land - Two platted lots totaling 14,325 SF ready for development.
    Where is this land located?
    The property is located at 8433 Downe Drive White Settlement, TX.
    What is the asking price?
    The asking price for this property is $140,000.
    What are key features of this property?
    This property features: Two build‑ready lots totaling 14,325 square feet.; Located inside White Settlement city limits.; City water and sewer available.
    (713) 683-0054
    We can help!
    Listing Contact
    Michael Greiner
    Real Estate License ID: 0588268
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!